Solana

Base

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/base-chain-shatters-records-with-impressive-performance/" data-wpel-link="internal">Base Chain Shatters Records with Impressive Performance</a><br></p>
<p style="text-align: justify">The base chain has been in the spotlight of the crypto world due to its impressive recent performance. The tremendous increase in decentralized exchange (<strong><a href="https://coin-turk.com/rekor-kirdi-memecoin-atesi-on-binlerce-yatirimciyi-bu-altcoin-projesine-itti" data-wpel-link="internal">DEX</a></strong>) trading volume and record levels of gas usage are drawing attention. This situation is also a reflection of the recent price movements in the crypto world. Let’s look at the details together.</p> 
<h2 style="text-align: justify" id="records-begin-to-surface-on-the-base-network">Records Begin to Surface on the Base Network</h2> 
<p style="text-align: justify">On March 20th, the Base chain reached an all-time high trading volume of $359 million in <strong><a href="https://en.coin-turk.com/decentralized-bitcoin-exchange-portal-raises-34-million-in-funding/" data-wpel-link="internal">DEX</a></strong> transactions, marking a 53% increase. A significant portion of this impressive surge is associated with Uniswap’s extraordinary performance. Uniswap, accounting for 76% of the total volume, played a decisive role in this achievement.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-331053 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/base-coin-turk-com-.jpg" alt="" width="1536" height="661"></p> 
<p style="text-align: justify">Following the Solana <a href="https://coin-turk.com/starknet-ekibinin-son-hamlesi-strk-airdrop-surecinde-neler-yasaniyor" data-wpel-link="internal">Blockchain</a>, the Base chain, launched by <strong><a href="https://en.coin-turk.com/bitstamp-denies-allegations-of-being-put-up-for-sale-focuses-on-creating-new-resources/" data-wpel-link="internal">Coinbase</a></strong>, witnessed an unprecedented increase in gas usage. The network consumed gas worth 478.24 <a href="https://en.coin-turk.com/will-ethereum-eth-be-able-to-rise-from-where-it-fell-experts-explain/" data-wpel-link="internal">ETH</a>, marking the highest usage to date. This increase is consistent with the rise in the number of daily active addresses, with 129,600 new addresses joining the Base chain, reaching 464,000.</p> 
<h2 style="text-align: justify" id="meme-coin-influx-a-significant-reason-for-the-surge">Meme Coin Influx a Significant Reason for the Surge</h2> 
<p style="text-align: justify">Analysts suggest that the primary catalyst behind these record-breaking figures is the influx of meme coins on the Layer-2 (L2) <strong>Blockchain</strong>. Known for their viral nature and community-focused values, these digital assets have drawn significant interest and investment to the Base chain, pushing their activities to new heights.</p> 
<p style="text-align: justify">The rapid developments in the crypto world highlight the success of the Base chain as well as the dynamic nature of Blockchain technology and its ability to support a growing digital asset ecosystem. The <strong>Base</strong> chain appears poised to become one of the most significant players in the crypto world, with potential for further growth in the coming periods.</p> 
<p style="text-align: justify">Especially, a potential mega rally here could be the key factor driving new records. With a mega rally, it is possible to say that the network’s usage will increase even more. Thus, this situation will lead to a further increase in the transaction volume on the Base network and a progressively higher gas consumption.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/base-chain-shatters-records-with-impressive-performance/" data-wpel-link="internal">Base Chain Shatters Records with Impressive Performance</a></h5>

Base Chain Shatters Records with Impressive Performance

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